169 East 78th Street #5D, New York City, NY 10075
Listing Courtesy of Compass
$1,695,000
Potential Rebate: $25,425
Overview
A rare opportunity to own this stunning 2-bedroom, 1-bathroom (with potential for a 2nd bath—see alternate floor plan) prewar cooperative at the coveted Morgan Studios. This exquisite residence seamlessly blends timeless sophistication with modern comforts, offering double-height ceilings and unmistakable Old World grandeur.
The welcoming foyer leads to a magnificent living room that is truly a showstopper. Dramatic 13-foot ceilings, floor-to-ceiling bookshelves custom-designed and built by a boatbuilder/cabinetmaker from Islesboro, Maine, complete with a Hudson rolling ladder, and a handsome wood-burning fireplace, set the stage for elegant entertaining and quiet enjoyment. New windows installed throughout ensure abundant natural light, energy efficiency, and quiet.
The primary bedroom enjoys dual exposures and ample storage, including a spacious walk-in closet. The second bedroom, currently used as a den, has the opportunity to create a second bathroom with board approval. Currently, both bedrooms share access to the large windowed bathroom designed with marble tiles, radiant heated floors, and a glass-enclosed step-in shower for a luxurious hotel-like experience. The windowed kitchen is both stylish and functional, featuring white cabinetry and stainless steel appliances.
Built in 1928, The Morgan Studios is a distinguished full-service cooperative on a charming tree-lined street in the heart of the Upper East Side. Residents enjoy 24-hour doorman service, a live-in resident manager, a newly renovated lobby, a state-of-the-art gym, a common laundry room, and private storage.
169 East 78th Street is pet friendly and permits:
? Up to 60% financing
? Pieds-à-terre with board approval
? Second bath and/or in-unit washer/dryer with board approval
A truly exceptional offering, this special residence offers the elegance of Paris within the vibrant atmosphere of New York. Don’t miss this extraordinary opportunity! 3% flip tax paid by purchaser.
Home Features
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •Built-in Features
- •High Ceilings
- •Hardwood
Estimated Monthly Payment
$12,645 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$25,425
Monthly savings impact
$71/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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222 East 80TH Street #4G, New York City, NY 10075
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20012746
Price Analysis
Compare average listing prices and value metrics for 169 East 78th Street against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
65.45% Lower
than the Upper East Side price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Upper East Side
Overview of Upper East Side
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
Real Estate & Housing Market
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
Lifestyle & Community
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
Transportation & Accessibility
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Parks, Schools & Amenities
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
